Corporate Debtor cannot take any benefit of Criminal Proceedings initiated by filing an application u/s 156 of CrPC which were initiated subsequent to receipt of Demand Notice u/s 8 of IBC – Subhash Chand Gupta Vs. Bhavesh Texo Fab Pvt. Ltd. – NCLAT New Delhi

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A plain reading of Section 21 of Arbitration Act does not even remotely suggests that the nature of dispute has to be enumerated or explained in the notice so issued seeking for the dispute being referred to arbitral tribunal – Hemlata Jain Vs. Padmavati Analkumar Mishra – Gujarat High Court

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If NCLT considers that an Order is not in conformity with the order passed by Hon’ble Supreme Court, the Tribunal should recall the order & pass appropriate orders in conformity with the order passed by the Hon’ble Supreme Court – Mukund Chandak & Ors Vs. Sumit Binani – NCLAT New Delhi

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